VIDEO: Katharine McPhee Talks SMASH Reunion: 'I Think It's Very Likely They Can Turn it Into a Musical'

Katharine McPhee spoke exclusively to PEOPLE about the recent 'Smash' one-night only landmark event benefitting The Actors Fund, held at New York's Minskoff Theatre. The AMERICAN IDOL finalist discussed the possibility of a SMASH reunion and offered her thoughts on the current status of her 'Smash' character Karen Cartwright's showbiz career.

"I think it's very likely that they can turn it into a musical," shared McPhee on the possibility of bringing SMASH to the stage in some type of incarnation. She went on to reveal, "I wouldn't really have very much to do with it but I definitely want to be there opening night."

The concert presentation of the musical created within the NBC TV series "Smash," created by Theresa Rebeck, Bombshell, with music by Marc Shaiman, lyrics by Marc Shaiman and Scott Wittman, directed byJoshua Bergasse and Scott Wittman with choreography by Joshua Bergasse and music direction by Marc Shaiman, a one-night only landmark event benefitting The Actors Fund, took place last, June 8, 2015 at The Minskoff Theatre.

Bombshell was the Marilyn Monroe musical created in NBC's Golden Globe-nominated television hit series "Smash," created byTheresa Rebeck. Bombshell features the Emmy-nominated songs "Let Me Be Your Star," and "Hang the Moon."

The one-night-only landmark event featuring Bombshell's original songs featured Christian Borle, Will Chase, Megan Hilty, Katharine McPhee and Debra Messing, and will be joined by Jaime Cepero, Brian d'Arcy James, Ann Harada,Jeremy Jordan, Donna McKechnie, Leslie Odom, Jr., and Wesley Taylor.